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Fake Firefox Add-On Stole Users' Crypto

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Mon, 09/27/2021 - 14:13
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Alex Dovbnya
A fake Firefox add-on had been stealing users' funds since February before it was removed
Fake Firefox Add-On Stole Users' Crypto
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A slew of Firefox users has fallen victim to a bogus add-on that was masquerading as a legitimate extension of a cryptocurrency hardware wallet called SafePal, Bleeping Computer reports.

One of the victims, who goes by the name of Cali, was shocked to discover that all of the funds went into the hands of scammers:

I was deep in shock...I saw my last transactions and saw that [$4,000 of my funds] were transferred to another wallet. I could not believe it [was an] add-on that is deployed in the add-on list of Mozilla Firefox.

It is unclear how many other Firefox users were deprived of their funds after downloading the malicious extension. The add-on was operational since mid-February before it was removed just recently.

A bunch of negative reviews from disgruntled users should have been a warning sign.

Firefox

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The user who was scammed by bad actors claims that the police are not capable of tracing the hacker.

Potential victims are tricked into entering their recovery phrases, making it extremely easy for hackers to pilfer their holdings.

What's more, the phishing domain associated with the fraudulent add-on is still live.

Hacks and scams remain prevalent in the cryptocurrency industry. As reported by U.Today, Bitcoin.org, the very first Bitcoin website that was registered by Satoshi Nakamoto, suffered a security breach four days ago.

Earlier this month, a fake YouTube stream of Apple's annual event promoting a Bitcoin giveaway reached roughly 170,000 viewers before it was shut down.

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About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at alex.dovbnya@u.today.